Fondex Journal

Journal status: live
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Fondex Profile
Website
Year
2011
Country
Bermuda
Branches
1
Regulation
not regulated
Investor protection
Fund protection
no
Publicly traded
no
Restricted countries
Not serving
х Canada, Iran, Japan, North Korea, US
Broker type
MM
Dealing book
B-book
Tier
3
Execution speed
0 ms
LPs total
0
LPs quality
...
LPs names
...

Fondex Accounts
MM
Minimum Deposit
1 $
Leverage
500 : 1
Minimum Lot
0.01 lots
EURUSD spread
0 pips
Commission
10 $/lotRT
Volume
100 lots
Margin Call
50 %
Stop Out
5 %
Execution
Market
Spread
floating
Scalping
no
Update broker

Is Fondex safe?

  • Investor protection: no
  • Regulation: not regulated
  • Publicly traded: no
  • Segregated account: yes
  • Guaranteed Stop Loss: no
  • Negative Balance Protection: yes

Is Fondex trusted?

  • Information transparency: high ★★★★★
  • Customer service: prompt, helpful ★★★★★
  • Fondex website: highly detailed, updated ★★★★★
  • Fondex popularity (by visitor count): low visits ★★

How Fondex works

8.1The Clients understands and acknowledges that all orders executed between the Client and the Company are orders executed outside a regulated market orMTF.

13.1 With respect to any market data or other information that we or any third-party service provider display on the website, (a) such data is indicative only..

13.2It is noted that the Company’s prices in relation to CFD trading are set by the Company and may be different from prices reported elsewhere. The Company’s trading prices are the ones at which the Company is willing to sell CFDs to its Clients at the point of sale..

Market Making

25.13 You are specifically made aware that in certain markets, including the foreign exchange markets, OTC foreign exchange options and CFD Contracts, we may act as a ‘Market Maker’, i.e., we may take the risk of holding a certain number of Supported Financial Instruments in order to facilitate trading in these Financial Instruments by displaying/quoting ‘bid’ and ‘ask’ prices (‘buy’ and ‘sell’ quotations) for such Supported Financial Instruments on our Online Trading Facility and filling Orders received in respect to such Supported Financial Instruments from our own inventory or seeking an Offsetting Order.

25.14 You accept that, in such Markets where we act as Market Maker, we may hold positions that are contrary to your positions and/or the positions of certain other of our clients, resulting in potential conflicts of interest between us, and any such other of our clients.

https://fondex.pro/pdfs/Fondex_Global_Limited_Terms_and_Conditions.pdf

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